https://www.taxtmi.com/highlights?id=12518 In view of the provisions of section 140A r.w.s. 234B, the interest that could have been charged/ adjusted as part of interest under section 234B will have to be calculated on the returned income but not on the basis of assessed income. - AT en-us Wed, 01 May 2013 11:46:17 +0530 Wed, 01 May 2013 11:46:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=12518 In view of the provisions of section 140A r.w.s. 234B, the interest that could have been charged/ adjusted as part of interest under section 234B will have to be calculated on the returned income but not on the basis of assessed income. - AT Highlights Income Tax Wed, 01 May 2013 11:46:17 +0530 https://www.taxtmi.com/highlights?id=12518